Manchester United has announced plans to lay off approximately 150 to 200 employees as part of ongoing efforts to curb financial losses and streamline operations.
This move follows a previous round of restructuring last year, which saw 250 jobs eliminated.
Club CEO Omar Berrada emphasized the need for financial stability, stating, “We have lost money for the past five consecutive years. This cannot continue.”
He reiterated Manchester United’s primary goals, “Our two main priorities as a club are delivering success on the pitch for our fans and improving our facilities. We cannot invest in these objectives if we are continuously losing money.”
The decision is part of a broader transformation under British billionaire Jim Ratcliffe, who recently acquired a 25% stake in the club and has taken charge of operations. In addition to job cuts, Ratcliffe has reportedly closed the staff canteen at Old Trafford, offering only fruit to remaining employees.
Berrada assured that the restructuring aims to strengthen the club’s financial position, stating, “At the end of this process, we will have a more lean, agile and financially sustainable football club, while continuing to provide a world-class service to our valuable commercial partners. We will then be in a much stronger position to invest in football success and improved facilities for fans while remaining compliant with UEFA and Premier League regulations.”
Manchester United, currently struggling at 16th place in the Premier League, will face Ipswich Town at Old Trafford on Wednesday night.
